The Treasury Department on Tuesday officially repealed a requirement for American companies and individuals to report beneficial ownership information to its Financial Crimes Enforcement Network, or FinCEN. The department initially proposed the repeal in March 2025 and published the final rule in the Federal Register on Tuesday. In addition to repealing the reporting requirement, the…
Politics
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Treasury Department repeals Biden-era reporting requirement for US businesses
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CitrixNews Staff
Originally reported by The Hill. Read the full story at the original source.
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